Toys“R”Us Bankruptcy Information

Introduction

The Toy Association provides manufacturing members with a variety of resources to monitor the status of toy retailers. As part of those resources, The Toy Association has created this section to provide a place for members of the toy community to monitor the status of the Toys“R”Us bankruptcy and liquidation process. The Toy Association intends to act as a clearinghouse for information from TRU on the bankruptcy case and to get similar creditor questions answered and shared with the broader membership.

The Toy Association is committed to securing resources needed to support members, including a Bankruptcy Counsel and financial advisors. In the meantime, Paul Vitale, executive vice president of finance & operations, and Rick Locker, counsel to the Association, remain the important primary contacts for members in the weeks ahead.

This section will continue to be updated as new information becomes available. Members are also encouraged to watch for important Member Alerts via email and announcements in Toy News Tuesday.

Chronology of Events

 

Actions by the Credit Interchange Program

Recordings are for Toy Association Members and should not be shared with anyone outside of your company.

April 26, 2018:

The Toy Association hosted a special conference call that provided updates from the Debtors Counsel and Financial Advisors regarding the Toys “R”Us bankruptcy. Listen to an audio recording of the call here.

March 30, 2018:

The Toy Association hosted a special conference call that provided updates from the Unsecured Creditors Committee legal counsel, Kramer Levin, and financial advisors, FTI Consulting, regarding the Toys“R”Us bankruptcy. Listen to an audio recording of the call here.

March 21, 2018

The Toy Association hosted a special conference call for members that provided updates and guidance on the Toys “R” Us Bankruptcy. Click here for call information and download.

October 12, 2017

The Toy Association hosted a members-only webinar entitled “Creditors’ Rights: Techniques to Minimize Risk and Maximize Recovery.” The session was presented by Jason Torf, a bankruptcy and creditors’ rights attorney with the law firm Horwood Marcus & Berk Chartered. A recording of the session and accompanying PDF are available here.

September 19, 2017

The Toy Association hosted a Trade Credit conference call for its manufacturing members. Click here for call information and download.

 

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